Saturday, 24 June 2017

MTN Nigeria close to fine resolution, acting CEO prepares for exit

By Mary Lennighan, Total Telecom
Wednesday 13 April 16

Phuthuma Nhleko plans to step down from his post next month, according to an unnamed source; telco denies media speculation it has already reached agreement with NCC.

MTN is close to reaching agreement with Nigerian authorities over the hefty fine it incurred last year, as evidenced by the fact that its interim CEO is preparing to step down, according to press reports on Tuesday. Phuthuma Nhleko, who took on the executive chairman role on a temporary basis after the resignation of then…

MTN is close to reaching agreement with Nigerian authorities over the hefty fine it incurred last year, as evidenced by the fact that its interim CEO is preparing to step down, according to press reports on Tuesday. Phuthuma Nhleko, who took on the executive chairman role on a temporary basis after the resignation of then…

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